Sanlam Limited. JSE: SLAM

Background of Sanlam

In 1918 die Suid-Afrikaanse Nasionale Lewens Assuransie Maatskappij (Sanlam) opened its doors and in 1998 the company was demutualised and Sanlam Limited shares were listed for sale on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange. Today the company has operations in South Africa,Botswana, Namibia, Malawi, Swaziland, Tanzania, Zambia, Uganda, Rwanda, Ghana, Kenya, Mozambique, Nigeria, India, the UK and Malaysia. Sanlam has also made moves to buy into Australia, the USA and the Philippines.

It also has a stake in Micro-Ensure Holdings Limited, a UK-based company specialising in micro-insurance. This company has more than 10 million enrolled clients across India and Africa. Sanlam is well known for lending services in the following fields: financial planning, insurance, trusts, retirement, asset management, short-term insurance, portfolio and risk management, investment and wealth, and capital market activities.

Sanlam shares have a history of producing good returns for those who purchase them, while the company focuses on providing regular dividends to its shareholders.

Sanlam Shares Growth Driver

The group is achieving strong performance in the affluent market, and the buy in of investment portfolio manager Glacier will further enhance current product solutions in line with regulatory changes such as retirement reform. There was also an aggressive focus on ease of doing business for intermediaries and the end client. Improving risk business sales in the middle and affluent markets have been a special focus area to buy into. This was achieved through product enhancements, underwriting and process improvements, improved product support and training. Sanlam Sky, which offers a wide portfolio of simple and affordable financial solutions, has the potential to deliver good growth despite economic challenges. This business will grow its agency and affiliated intermediary footprint as well as group relationships. Expanding the product range in line with client needs is another focus area.

MiWay Insurance and Sanlam Life launched MiWay Life. MiWay Insurance is a direct general insurance company owned by Sanlam and has had very encouraging performance. More growth is expected from this affordable insurance company, which should benefit Sanlam share price and encourage investors to buy the shares.

Sanlam Group Investor Tip

The diversified nature of the Group’s operations, combined with the strength of the Sanlam brand and the brands of international partners, contributed to total new business volumes that grew by 18%, the combination of 24% growth in new insurance business and 15% growth in new investment mandates received. Net result from financial services (net operating profit) grew by 27%, with the live online stocks chart showing that Sanlam share price rose by 26%. This is a very satisfactory achievement in an environment where the South African economy is growing by less than 2%.

Sanlam shares have always been a popular buy on the JSE, and Sanlam share price should continue its upward rise.

Sanlam Major Shareholders

Altria Group, BevCo, Public Investment Corporation.

Sector

Consumer Staples

Industry

Consumer Products

Sub industry

Beverages

How to buy Sanlam Group Shares

Sanlam : How to buy Sanlam Group Shares Online

We have made it simple to buy JSE listed firm shares online. The easiest way to buy Sanlam Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Sanlam Holdings and assist you with the setup and management of your stock portfolio account.

Here are the steps you must follow to Buy / Purchase Sanlam Group shares with utmost confidence:

Start by Filling in the BUY THIS SHARE form.

Insert your name, email, telephone number and monthly remuneration.

Then, Indicate the amount you are looking to invest in Sanlam.

Click the “ INVEST NOW” button

Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.

Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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